Question: During March, the laboratory performed 2,000 core tests. On March 1 no direct materials (sand) were on hand. The following events occurred during March: 9,500
During March, the laboratory performed 2,000 core tests. On March 1 no direct materials (sand) were on hand. The following events occurred during March: 9,500 pounds of sand were purchased at a cost of $8,600. 7,500 pounds of sand were used for the core tests that were performed. 800 actual direct labor hours were worked at a cost of $8,200. The materials quantity variance for March is
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